Healthcare technology is evolving rapidly in this digital age. To reap the benefits of technology, healthcare systems are eagerly jumping on board. Healthcare is becoming more customer-centric, so it’s important for healthcare organizations that they keep up with rapidly changing technologies.
Let’s take a look at the main benefits of technology innovation and see how they have influenced healthcare companies. And what the future holds for healthcare.
1. Artificial Intelligence and the Impact on Healthcare Industries
Artificial intelligence has allowed doctors to access a better support system that allows them to diagnose and treat patients with precision than ever before. Artificial intelligence’s many capabilities, such as predictive analysis, have opened up new opportunities for healthcare to save money and provide a better customer experience. These are just a few of the many ways artificial intelligence has benefited healthcare.
a. To Diagnose
Tech Innovations for the Healthcare Industry – Point 1 AI-enabled imaging techniques have been developed to avoid mistakes. For example, AI algorithms They were developed for radiology and cardiology, and they are extensively used to provide accurate results. It can also be used to identify cancer cells early in their development, as well as for heart attacks and other related issues.
b. For Medicine Development
Tech Innovations for the Healthcare Industry – Point 2 Artificially intelligent applications can be used to create new, tailored medicines. According to the California Biomedical Research Association $359 Million and a 12-month duration It is necessary to develop new medicines. AI significantly reduces the time it takes to develop new medicines as well as the associated costs.
c. Evolution of Prosthetics
Tech Innovations for the Healthcare Industry – Point 3 Artificial intelligence systems are used to create prosthetics that look like body parts. AI is a great option because prosthetics cannot be used to replace missing body parts or perform their intended functions. AI can program prosthetic legs to kick any ball that is in sight.
d. Virtual Systems to Follow-Ups
Tech Innovations for the Healthcare Industry – Point 4 AI-powered virtual checkup systems allow doctors and patients to follow up. Health chatbots, for example, are reliable solutions because they can answer medical queries by assessing symptoms and so forth.
e. Robotic-Assisted Surgery
Tech Innovations for the Healthcare Industry – Point 5 Robots have a positive impact on surgeries, emergency care, and other areas. Artificial Intelligence is a broad range of technologies that mimic human cognitive abilities.
These are just a few other AI applications that can be used in the healthcare industry:
- Fraud Detection.
- Participants being analysed for clinical trials.
- Preliminary diagnosis.
- Cybersecurity management
- Clinical decision support.
- Analysis of the health status of the population.
- Management of diseases.
2. Blockchain Technology for Healthcare Industries
Healthcare has the potential to manage large amounts of data because of its ability to co-exist in multiple places and be shared by a new community using blockchain technology. Studies show that blockchain will reach more than $5.61 billion. Blockchain technology allows for independent EMRs (Electronic Medical Records), which can be used to manage data, as critical data could be lost among different units. Blockchain technology allows the industry to offer value-based, enhanced services to patients. It is expected to save the industry between $100-$150bn annually by 2025 in terms data-breach costs, IT cost, and other operational expenses.
This is a comprehensive overview of the different ways that Blockchain technology affects healthcare industries.
- Blockchain can be used to protect patient data. It stops fraudsters from gaining critical patient information.
- Claims Processing Made Easier – Blockchain technology makes complicated billing simpler by eliminating the need for multiple validations or third-party intervention.
- Public Health Protection – Blockchain technology allows authorities to share patient information without disclosing patient data. This allows authorities to take necessary precautions and warn the public about potential epidemics or diseases.
3. Virtual Healthcare
Industries can save time and money by using virtual healthcare. The National Health Council estimates that 133 million people suffer from a chronic condition. This number is increasing every year. Seventy-five per cent of healthcare spending is dedicated to chronic diseases. Virtual healthcare plays a vital role in this area. Doctors can now monitor their patients and communicate with them via virtual care. This allows patients suffering from chronic conditions such as seasonal allergies and common cold to get minor medical attention.
Healthcare providers can address these concerns:
- Access to medical records and test results of patients
- Patients can access their health data through virtual care portals, which allow them to connect to the right healthcare provider when they need it. According to research, virtual healthcare would save the US Healthcare system $7 billion if all patients opted for it.
4. Internet of Medical Things (IoMT).
The Internet of Medical Things, also known as Healthcare IoT or IoT for short, is an infrastructure of connected medical devices and software. Bluetooth and WiFi enable machine-to-machine communication between medical devices. This allows for easy diagnosis and tracking of various health conditions. One example of IoMT is Fitbit, which is used to track your steps using Bluetooth technology on your phone. The tabulated data can then be shared with your doctor to facilitate automated reports.
These are some of the many benefits that IoMT implementation brings:
- Automation – Device automation prevents errors.
- Remote Monitoring – Patient accountability is an important factor for healthcare providers.
- Precision Medicine- Tailoring medicine delivery is crucial to avoid side effects.
5. 3D Printing
- 3D printing is revolutionizing healthcare. It is also a significant technological breakthrough in modern prosthetics. The Food & Drug Administration revealed that 3D printing technology is used in approximately 100,000 knee replacement surgeries each year.
- 3D printing is the process of creating physical objects from digital designs. This allows for better optimization of surfaces and structures, as well as a better understanding of the material, weight, and strength required. This process makes it easier for patients and surgeons to understand their specific conditions, complexities and needs.
- 3D printing technology is rapidly evolving in healthcare through 3D printed prosthetics, implants and pens. It allows doctors to work faster and improves healthcare companies’ operations.